Forex Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
US Dollar/Costa Rican Colon (FOREX:USDCRC)
Weak Downtrend (-65) - USDCRC is showing signs of a strengthening downtrend. Monitor USDCRC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDCRC?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCRC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDCRC
The long-term trend has been UP since Mar 31st, 2020 at 575.38150
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 639.86969
The short-term trend has been DOWN since Nov 17th, 2021 at 640.84437
Smart Scan Analysis for USDCRC
Based on our trend formula, USDCRC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).